Woulfe Mining Corp WFEMF

never a dull moment lately

[74volfram]

Here are a few more points I wrote down on my way to work and short reply to guerreiro. again just my thoughts:
- The new board is all Dundee money guys and it is almost a given that they will try to finance the mine through a debt/equity deal with Dundee.  
- I do not think Dundee is interested in owning and operating Woulfe (they could have had it for a song last year and they were in favor of Almonty merger last month).
- After financing, I believe the company will be sold to IMC or KZ. sooner if the 35c offer is real.
- A share consolidation is not necessary to accomplish the above.
- The board is now six people, whereas just five are required. I think we might be looking to another resignation/retirement soon.  They should be done with the chair games then.  
- If Korea really has set a June time limit to start construction or else...  they better get moving quickly.

[steamerlane]

Seems like the main theme or focus is Dundee,does anyone ever give a thought to the influence that  IMC may have in the decision making process,via Buffet??????

[GaiusGermanicus]

That's a bit warped as someone this morning dumped 100k shares of the ADR of which I got half.  If the 0.35 offer IS real (somehow that number got dumped out there without attribution) it not only is more than I thought we'd get at this point, it was more than the folks I know were thinking of offering, so it isn't them. Perhaps its simple wishful thinking, but I do KNOW that we&